Falling loan deferrals prove market recovery: REIA
The reduction in loan deferral defies doom and gloom forecasts in the property market, the Real Estate Industry of Australia has said. ...
Property investors enjoyed capital gains of 47.62% over the last 12 months in KEITH, translating to lower returns compared with its peers in SA.
A survey of average capital gains or median home price increase in suburbs across the country shows that the SA suburb obtained a 3.61% growth over a ten-year period. It ranks 2099th on our list of suburbs that property investors should look into.
KEITH, 5267 has a capital gain of 47.62% for the past year, which is higher than average compared to its 34.78% growth within a five-year period.
With the median home price in KEITH sitting at $155,000, and the average rent at $200, property owners could potentially earn a 6.71% increase in gross rental yield.
A 47.62% increase in median property prices in KEITH, 5267 has allowed this suburb to join the ranks of best performing suburbs in SA, settling at number 2nd.
Figures from the previous quarter show that capital gains for real estate buyers in KEITH are high, as opposed to average gains per annum over the past five years.
KEITH, 5267 in SA belongs to the local government area of Tatiara (DC).
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $155,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 20.62% | N/A |
| Median 12 month | 47.62% | N/A |
| Median 3 years | 5.8% | N/A |
| Median 5 years | 34.78% | N/A |
| 10 years average annual | 3.61% | N/A |
| Weekly media advert. rent | $200 | N/A |
| Time on Market | 115.6 days | N/A |
| Gross Rental Yield Percent | 6.71% | N/A |
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